NFT DApps drew slightly more active users than DeFi in July, even as DeFi liquidity hit a record $270B. Locked liquidity on decentralized finance (DeFi) applications reached a record $270 billion in July, partly driven by tokenized stocks growth. DappRadar’s data shows the total value locked (TVL) in DeFi protocols jumped 30% month-over-month, while active wallets for…
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DappRadar analyst Sara Gherghelas said 2025 Ethereum DApp activity appears on track to match or even surpass 2024, “suggesting that the current market momentum might be sustainable.” Decentralized application activity on the Ethereum blockchain could be on track to match or surpass last year despite growing competition from “faster and cheaper” alternatives, according to blockchain…
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Solana co-founder Anatoly Yakovenko ignited criticism from the crypto community by likening memecoins to loot boxes in mobile games. Solana co-founder Anatoly Yakovenko has sparked controversy after referring to memecoins and non-fungible tokens as “digital slop,” despite Solana’s substantial memecoin-driven revenue. “I’ve said this for years. Memecoins and NFTs are digital slop and have no…
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The NFT lead at the TON blockchain said Snoop Dogg’s sold-out NFT launch could “be the start of a new NFT Narrative.” American rapper Snoop Dogg sold out a collection of almost a million non-fungible tokens (NFTs) on Telegram in 30 minutes on Wednesday, seemingly defying the notion that the NFT industry is “dead.” Snoop Dogg’s new…
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NFT marketplace Magic Eden has acquired the crypto trading app Slingshot as part of a strategy to expand beyond NFTs. Solana non-fungible token (NFT) marketplace Magic Eden has acquired crypto trading app Slingshot as part of a strategy to expand beyond NFTs as other marketplaces fold amid a prolonged market downturn. The move expands Magic…
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Key Points: Coinbase NFT Commercial center send-offs Instamint for artificial intelligence produced NFTs. Beta stage accentuates local area collaboration for trading NFTs. Significant trades, including Coinbase and Binance, embrace computer based intelligence reconciliation in a charge free 2023 shift. By introducing a cutting-edge feature that gives users the ability to create NFTs using artificial intelligence,…
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Central issues: Donald Trump has delivered another NFT assortment called the “Mugshot Version,” highlighting scraps of the garments he wore upon the arrival of his capture in Georgia. The assortment incorporates 47 Guaranteed winners evaluated at $99 each, with the chance for purchasers to eat with Trump and get a piece of his mugshot suit.…
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Key Points: Snatch has added a Web3 crypto wallet to its foundation, carrying digital currency to its 180 million clients. Support for the Polygon wallet and instruction on wallets and NFTs are included with the Web3 wallet, which is currently available for use in the Singapore region. Grab adds a Web3 crypto wallet to its platform. This…
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Central issues: Polygon and Suku discharge restrictive NFT to observe Polygon 2.0 send off. The upgrade aims to improve governance and network functionality. This move features Polygon’s critical development and advancement. An exclusive Open Edition NFT drop has been created by Polygon and Suku to commemorate the highly anticipated launch of Polygon 2.0. This exceptional…
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Bitcoin Punks Recently, as the minting and issuance of NFTs on the Bitcoin network have become increasingly visible to the public, the community’s attitude has shifted from indifference to ignorance to active engagement. The Dune data panel reports that there are currently 33,517 NFT collections in circulation on the Bitcoin network, and 12,102 of those…
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